Oh dear, not a millionaire this month then!!!

[Katianne]

Have just been doing my 'accounts' for the month and have worked out that I've spent £46 more than I've earnt!!! And I thought this was quite a good month! Darn it .

Although I still have stock upstairs, waiting for all those orders that are round the corner due to people just being paid (heehee!!), so if I look at it that way I could recover it next month. Here's hoping!!!

I was hoping that doing the sums would cheer me up, oh well! Not giving up that easily, I know it takes time

[michelleC]

Aww what a shame. Your mirrors are so lovely too. Still don't get too diheartened im sure it will pick up.
Keeping everything crossed for you.

[Katianne]

Aww what a shame. Your mirrors are so lovely too. Still don't get too diheartened im sure it will pick up.
Keeping everything crossed for you.

Thank you Michelle! No, I'm not disheartened. It would have been nice to be in profit or break even but I know from speaking to other crafters that this all takes time.

[mjbelkin]

Ah, but if its stock, then that's classed as an asset, and goes in your balance sheet, rather than against sales, so if you have more than £46 in stock, you will have made a profit for the month

Shall I stop being an accounts geek now

[0103media]

As long as your investing the money "spent" into the business for the future it should be seen as investing in the future.. I bet you have stock which you need to offset against your "loss"..

[Bowed Over]

If you are anything like me there are too many things out there I want to buy for my craft so as soon as I make money I spend it on some new mould, scent or whatever!!!

Ow by the way I am a millionair - according to all the e-mails I have been getting lately saying some rich relative has died and I am the only beneficiary. Never knew I had so many relations I know nothing about!!!

Cheers.

Lisa

[Sommerwood]

You too hey Lisa? Keep getting those same e-mails at work, we must be related!!!!!!!

[Funkyhand]

Oh! I thought it was only me that had a rich family that keeps dying. Darn and I though I was onto a good thing!
Anice xx

[EMEvans]

I have to get round to doing my accounts soon but as i do accounts as my 'day job' it's the last thing i want to do when i get home. Plus the fact it's going to confirm how much i've spent and how little i've made.

[Apple Tree Crafts]

I'll Just....

...buy a Euromillions ticket - more hope of becoming a millionaire that way than I have by balancing my accounts......


Jules

[Sommerwood]

I have to get round to doing my accounts soon but as i do accounts as my 'day job' it's the last thing i want to do when i get home. Plus the fact it's going to confirm how much i've spent and how little i've made.

Snap! Funny isn't it how we are so good at keeping other peoples accounts in order but when it comes to our own its a case of hunt the receipt and think of a number!!!